Economy Minister Edwina Hart said: “I’m very pleased to announce Mainetti has now acquired the former Tetra Pak site in Wrexham, and is currently moving equipment into the facility and refitting. They also plan to move a distribution facility to Wrexham.

“This new site not only allows Mainetti to safeguard existing jobs but also to expand in the future creating new opportunities and employment in the Wrexham area.

“This is especially great news for Wrexham , which is still reeling from the recent jobs blows in the area.

“Mainetti are already in discussions regarding employment opportunities for workers at Sharp who are facing redundancy.

“We will continue to work with Mainetti and other key employers in Wrexham as well as potential investors to support job creation in the area.”

Tetra Pak in Wrexham

Global firm Mainetti processes up to six million hangers a week and has been based in North Wales for 31 years.

Graham Wilson, production director at Mainetti, said: “We are delighted to have identified a site that fully meets the needs of our business, with enough space to allow us to expand as our business grows, while keeping our association with North Wales where we have been present since 1983.”

Mainetti will work with its employees to reduce or eliminate any issues created by the move, and hopes to complete the move in the first half of 2014.